According to CuVantis Co-Founder/CEO Keith Weber, the current investment services model hasn't changed in more than 30 years -- which doesn't bode well for credit unions looking to increase their business in this area, along with deepening the member relationship.
What CuVantis is doing is essentially flipping the old model on its head that allows credit unions to better serve more members with their life-long wealth planning efforts. As a result, more business for the long term. The new CUSO will focus on bringing the fee-based business to credit unions -- all based on the industry's cooperative values.
Check out our chat with Keith and let us know your thoughts.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.